The imaginary figure who advises us whether society is making the ...

[james0929]

The imaginary figure who advises us whether society is making the most of its scarce resources is the
 
  A) opportunity-cost pixie.
  B) benevolent social planner.
  C) scarcity goddess.
  D) compassionate dictator.

Question 2

When the Fed fears inflation, the Fed ________ government securities, so that the federal funds rate ________ and the quantity of money ________.
 
  A) buys; rises; decreases
  B) sells; falls; increases
  C) buys; falls; increases
  D) sells; falls; decreases
  E) sells; rises; decreases

[SVictor]

Answer to Question 1

B

Answer to Question 2

E

[james0929]

Thanks for the timely response, appreciate it

[bitingbit]

TYSM